212-564-6500 info@joelpaul.com

The Chief Financial Officer will provide the financial leadership, vision and strategy necessary to help our client continue its traditions of excellence, innovation and leadership that have made them a world-renowned institution. As an integral member of the senior leadership team, the CFO will spearhead strategic financial planning across the institution. The Chief Financial Officer will be responsible for the financial control and accountability of funds from all sources in close work with the executive director and board of directors.

Responsibilities:

  • Plan, organize and direct fiscal management to meet short- and long-term goals through multi-year strategic plans. Propose changes to existing goals or methods as needed.
  • Direct all activities related to financial services, including accounting, fiscal reporting, forecasting, payroll, budget, external audit and all other financial responsibilities as needed.
  • Oversee cash management, including bank account reconciliation, check approvals, cash deposit procedures and credit card/internet purchases. Maintain banking/lending relationships including our line of credit.
  • Develop and maintain systems to ensure effective internal controls, compliance with governmental and contractual requirements and timely and accurate reporting.
  • Develop and utilize forward-looking, predictive models and activity-based financial analyses to provide insight into the organization’s operations and business plans.
  • Prepare the annual budget in close work with executive director and treasurer and re-forecast the budget to date for each board meeting. Oversee cash flow planning, investments, and asset management.
  • Direct the tuition contracts process, including preparation, distribution, payments and collections.
  • Oversee the financial aid process. Assess tuition assistance applications in close work with tuition assistance committee.
  • Provide an analysis and report for the finance and trustee meetings throughout the year, in communication with the treasurer, president and other lay leaders.
  • Produce analysis for the annual external audit and work closely with the auditors.
  • Lead and manage Finance Department through informal and formal professional development.
  • Oversee the Human Resource function including benefits, payroll administration and monitoring, personnel practices, accounts receivables, accounts payables and collections.

 

Qualifications

  • Bachelor’s degree in accounting, finance or business management. CPA designation preferred.
  • Five to seven years of experience in a senior financial management role with supervisory responsibilities and demonstrated leadership experience.
  • Experience as an employee or board member of a nonprofit organization, including familiarity with nonprofit finance and accounting regulations.
  • Excellent people, analytical, organizational and written skills.
  • Ability to meet multiple simultaneous deadlines and work well under pressure.
Willie Hochman
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